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      Drive to Survive backer buys stake in Hearns’ Matchroom empire

      Economic report analysis with charts and graphs displaying financial data trends, headline numbers, and market indicators

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Sport Business

  • Drive to Survive backer buys stake in Hearns’ Matchroom empire

    Sport Business

    Bruin Capital, a backer of the maker of Drive to Survive and Bruno Fernandes’ agency, has bought a minority stake in multi-sport promoter Matchroom. No terms were disclosed but the deal will see the Hearn family continue to majority own and run the business, which generates most of its revenue from boxing, darts and snooker. [...]

    Economic report analysis with charts and graphs displaying financial data trends, headline numbers, and market indicators
  • Cadillac F1 forced to fix phone ‘issue’ to satisfy FIA cost cap protocol

    Sport Business

    It can be hard getting up to speed when you are the newest team on the grid in Formula 1, as Cadillac bosses have found. The US team, who joined F1 this year, are yet to win a point in their first four races – and off the track they have experienced the odd hiccup [...]

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  • Formula 1’s reaction to season disruption a lesson for Fifa World Cup

    Sport Business

    Formula 1 is firmly back on track but the consecutive Bahrain and Saudi Arabian race cancellations, the result of events in the Middle East, have highlighted how quickly established sporting fixtures can face significant disruption.  The cost of the decision to cancel both races, given the potential risk to safety of staff working in the [...]

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  • Promotion to Champ could be worth millions as Blackheath fight to go up

    May 9, 2026

    Promotion to English rugby’s second tier Champ could be worth millions as Blackheath and Plymouth fight to go up this weekend. Blackheath, the world’s oldest rugby club, take on their south coast opposition in south east London on Saturday with the winner set to take on one of Richmond or London Scottish for promotion to [...]

  • Prem Rugby chiefs admit its ‘challenging’ to compete with Top 14

    May 8, 2026

    Prem Rugby chiefs have admitted competing with the French Top 14 has been “challenging” given English salary cap rules. Clubs across England can spend around £8m per season on their squad, with £6.4m of that the standard cap and the remaining a series of credits and allowances. The French Top 14 will see its salary [...]

  • Fifa suffers legal setback just weeks before 2026 World Cup kick-off

    May 8, 2026

    Fifa has suffered a legal blow just weeks before the World Cup after the French footballers’ union UNFP achieved a landmark decision in the European courts. The UNFP has successfully advanced a complaint about the health and safety of players’ working conditions and a lack of collective bargaining as a result of decisions made by [...]

  • Wimbledon to serve strawberry flavoured fried chicken

    May 8, 2026

    Strawberries and cream have been synonymous with the Wimbledon tennis Championships ever since the very first tournament in 1877, when the fruit was served to around 200 spectactors. These days some two million strawberries are served across the 14 days of the Championships, equating to almost 40 tonnes of the fruit. The All England Lawn [...]

  • In defence of Bristol Bears CEO Tom Tainton’s rugby marketing comments

    May 8, 2026

    “At Bristol Bears, we don’t call ourselves a rugby club. We are a marketing agency that plays rugby. Yes, our players have to be competent and able to deliver on the field, but if they are not bringing any value off the field, that genuinely factors into our recruitment conversations.” Those were the words of [...]

  • Sports industry braced for media rights dip, PwC report warns

    May 8, 2026

    Sport bosses have warned that media rights are set to fall in value and can no longer be relied upon to drive growth across the industry. PwC’s Global Sports Survey of more than 500 senior executives found that growth was expected in all streams in the next three to five years, except media rights. Even [...]

  • Surj reiterates sports commitments following PIF’s partial retreat

    May 7, 2026

    Surj Sports Investment has reiterated its commitment to its stakes in ATP tennis, T100 triathlon and broadcaster Dazn in the wake of cuts to some Saudi-backed events. LIV Golf has been rocked by the withdrawal of further financial support from the Public Investment Fund, while Saudi Arabia has also axed snooker and flag football competitions. [...]

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